Contributors Technical Analysis USD/TRY Turning Down

USD/TRY Turning Down

Pivot (invalidation): 5.7270

Our preference Short positions below 5.7270 with targets at 5.7060 & 5.6920 in extension.

Alternative scenario Above 5.7270 look for further upside with 5.7400 & 5.7500 as targets.

Comment The break below 5.7270 is a negative signal that has opened a path to 5.7060.

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